Recent Posts

Dewa, GE sign AED192.7 million pact

DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) has signed an agreement with General Electric to extend the lifetime of the GE 9E gas turbines at E station at the Jebel Ali Power and Desalination Station, worth AED192.7 million. The work is scheduled to start in the first quarter of 2019 and end in the first quarter of ...

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Al Qudra profit hits AED212mn

ABU DHABI / WAM Al Qudra Holding PJSC has posted consolidated net profit of AED212.4 million for the year 2017. This was announced at the annual general meeting for 2017, during which the board of directors announced “great results at all levels and presented its 2017 full activity report for financial year ending on December 31, 2017,” according to a ...

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DP World holds first live virtual annual meeting

DUBAI / WAM DP Global trade enabler DP World has staged the first ever live virtual annual general meeting for shareholders at its HQ in Jebel Ali. Shareholders were connected by a live webcast and telephone conference facility across the region and the world in order to cast their votes on the re-election of board members and to be briefed ...

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